Poverty Reduction Support Credits : Mozambique Country Study

Mozambique acquired independence from Portugal in 1975. The new government adopted a policy of radical social change, with a command and control approach to economic management and a vast nationalization program. By the mid-1980s, the country was b...

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Main Author: Horton, Brendan
Format: Working Paper
Language:English
en_US
Published: Washington, DC: World Bank 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/839251468057316561/Poverty-reduction-support-credits-Mozambique-country-study
http://hdl.handle.net/10986/27916
id okr-10986-27916
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO SAFE WATER
ACCOUNTABILITY
ACCOUNTABILITY FRAMEWORK
ACCOUNTING STANDARDS
ADJUSTMENT LENDING
ALLOCATION
ALLOCATION OF RESOURCES
ANNUAL BUDGET
ANNUAL COMMITMENT
ANNUAL PERFORMANCE
ANNUAL REPORT
ANNUAL REVIEWS
ANNUAL TRANCHE
ASSESSMENT OF PERFORMANCE
AUDITING
BALANCE OF PAYMENTS
BANK PRIVATIZATION
BANKING SECTOR
BUDGET CLASSIFICATION
BUDGET CLASSIFICATION SYSTEM
BUDGET CYCLE
BUDGET DATA
BUDGET EXECUTION
BUDGET FORMULATION
BUDGET LAW
BUDGET PLANNING
BUDGET PREPARATION
BUDGET PREPARATION CYCLE
BUDGET PROPOSALS
BUDGET REQUIREMENTS
BUDGET SUPPORT OPERATIONS
BUDGET YEAR
BUDGETARY PROCESS
CAPACITY BUILDING
CASH MANAGEMENT
CIVIL SERVANTS
CIVIL SERVICE
CIVIL SERVICE REFORM
COMMERCIAL BANKS
CONDITIONALITIES
CONDITIONALITY
CONSOLIDATION
CONSTRAINTS TO GROWTH
COST EFFECTIVENESS
COUNTRY PROCUREMENT
COUNTRY PROCUREMENT ASSESSMENT
DEBT
DEBT RELIEF
DECENTRALIZATION
DECENTRALIZATION STRATEGY
DEFICITS
DIAGNOSTIC WORK
DOMESTIC INVESTMENT
DOMESTIC SAVINGS
DONOR COLLABORATION
DONOR COORDINATION
DONOR FINANCING
ECONOMIC DOWNTURN
ECONOMIC GROWTH
ECONOMIC RECOVERY
EMPLOYMENT
EXCHANGE RATE
EXPENDITURE
EXPENDITURE GROWTH
EXPENDITURE ISSUES
EXPENDITURE LEVELS
EXPENDITURE MANAGEMENT
EXPENDITURE PROGRAMS
EXPENDITURES
EXTERNAL ASSISTANCE
EXTERNAL AUDIT
EXTERNAL AUDITS
EXTERNAL GRANTS
FINANCIAL ACCOUNTABILITY
FINANCIAL ACTIVITIES
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT INFORMATION
FINANCIAL MANAGEMENT INFORMATION SYSTEM
FINANCIAL PLANNING
FINANCIAL SECTOR
FINANCIAL SECTORS
FINANCIAL SUPPORT
FINANCIAL TERMS
FISCAL ADJUSTMENT
FISCAL DEFICIT
FISCAL FRAMEWORK
FISCAL POLICY
FISCAL SUSTAINABILITY
GENERAL BUDGET SUPPORT
GOVERNMENT BUDGET
GOVERNMENT REFORM
GOVERNMENT SPENDING
GROSS DOMESTIC PRODUCT
GROWTH RATE
HEALTH OUTCOMES
HEALTH SECTOR
HUMAN RESOURCE MANAGEMENT
IMPROVING BUDGET EXECUTION
INFLATION
INSTITUTIONAL DEVELOPMENT
INTERNAL AUDITS
INTERNATIONAL ACCOUNTING STANDARDS
INTERNATIONAL AUDITING STANDARDS
INVENTORY
INVESTMENT SPENDING
LEGISLATION
MACROECONOMIC FRAMEWORK
MACROECONOMIC MANAGEMENT
MACROECONOMIC STABILITY
MARKET ECONOMY
MEDIUM-TERM EXPENDITURE
MEDIUM-TERM EXPENDITURE FRAMEWORK
MID-TERM REVIEW
MINISTRIES OF FINANCE
MINISTRY OF FINANCE
MONITOR PERFORMANCE
NATIONAL BUDGET
NATIONAL DEVELOPMENT
NATIONAL DEVELOPMENT PLAN
NATURAL RESOURCES
OUTCOME INDICATORS
PERFORMANCE ASSESSMENT
PERFORMANCE CRITERIA
PERFORMANCE INDICATORS
PERFORMANCE REVIEW
POLICY FORMULATION
POVERTY IMPACT
POVERTY REDUCING
POVERTY REDUCTION
POVERTY REDUCTION STRATEGIES
POVERTY REDUCTION STRATEGY
POVERTY REDUCTION SUPPORT
POVERTY REDUCTION TARGETS
PRIVATE INVESTMENT
PRIVATE SECTOR
PRODUCTIVITY
PROGRAM BUDGETING
PROGRAM BUDGETS
PROGRAM PERFORMANCE
PROGRAMS
PUBLIC ADMINISTRATION
PUBLIC EXPENDITURE
PUBLIC EXPENDITURE MANAGEMENT
PUBLIC EXPENDITURE REVIEW
PUBLIC EXPENDITURE TRACKING
PUBLIC EXPENDITURES
PUBLIC FINANCE
PUBLIC FINANCIAL MANAGEMENT
PUBLIC FINANCIAL MANAGEMENT SYSTEM
PUBLIC FUNDS
PUBLIC GOODS
PUBLIC HEALTH
PUBLIC HEALTH CARE
PUBLIC INVESTMENT
PUBLIC PRIVATE PARTNERSHIPS
PUBLIC PROCUREMENT
PUBLIC SECTOR
PUBLIC SECTOR ACCOUNTABILITY
PUBLIC SECTOR ACCOUNTING
PUBLIC SECTOR MANAGEMENT
PUBLIC SECTOR REFORM
PUBLIC SERVICE
REFORM EFFORTS
REFORM PROGRAM
REFORM PROJECT
REFORM STRATEGY
RESOURCE AVAILABILITY
RESOURCE FLOWS
RESOURCE MANAGEMENT
REVENUE MOBILIZATION
ROAD NETWORK
SANITATION
SECTOR MINISTRIES
SECTOR POLICY
SERVICE DELIVERY
SERVICE PROVISION
SERVICE QUALITY
SOCIAL INDICATORS
STRATEGIC PRIORITIES
STRUCTURAL ADJUSTMENT
STRUCTURAL REFORM
STRUCTURAL REFORMS
TAX DISTORTIONS
TAX REFORM
TAX SYSTEM
TECHNICAL ASSISTANCE
TOTAL EXPENDITURES
TRANSACTION COSTS
TRANSPARENCY
TRANSPORT
TRUST FUNDS
spellingShingle ACCESS TO SAFE WATER
ACCOUNTABILITY
ACCOUNTABILITY FRAMEWORK
ACCOUNTING STANDARDS
ADJUSTMENT LENDING
ALLOCATION
ALLOCATION OF RESOURCES
ANNUAL BUDGET
ANNUAL COMMITMENT
ANNUAL PERFORMANCE
ANNUAL REPORT
ANNUAL REVIEWS
ANNUAL TRANCHE
ASSESSMENT OF PERFORMANCE
AUDITING
BALANCE OF PAYMENTS
BANK PRIVATIZATION
BANKING SECTOR
BUDGET CLASSIFICATION
BUDGET CLASSIFICATION SYSTEM
BUDGET CYCLE
BUDGET DATA
BUDGET EXECUTION
BUDGET FORMULATION
BUDGET LAW
BUDGET PLANNING
BUDGET PREPARATION
BUDGET PREPARATION CYCLE
BUDGET PROPOSALS
BUDGET REQUIREMENTS
BUDGET SUPPORT OPERATIONS
BUDGET YEAR
BUDGETARY PROCESS
CAPACITY BUILDING
CASH MANAGEMENT
CIVIL SERVANTS
CIVIL SERVICE
CIVIL SERVICE REFORM
COMMERCIAL BANKS
CONDITIONALITIES
CONDITIONALITY
CONSOLIDATION
CONSTRAINTS TO GROWTH
COST EFFECTIVENESS
COUNTRY PROCUREMENT
COUNTRY PROCUREMENT ASSESSMENT
DEBT
DEBT RELIEF
DECENTRALIZATION
DECENTRALIZATION STRATEGY
DEFICITS
DIAGNOSTIC WORK
DOMESTIC INVESTMENT
DOMESTIC SAVINGS
DONOR COLLABORATION
DONOR COORDINATION
DONOR FINANCING
ECONOMIC DOWNTURN
ECONOMIC GROWTH
ECONOMIC RECOVERY
EMPLOYMENT
EXCHANGE RATE
EXPENDITURE
EXPENDITURE GROWTH
EXPENDITURE ISSUES
EXPENDITURE LEVELS
EXPENDITURE MANAGEMENT
EXPENDITURE PROGRAMS
EXPENDITURES
EXTERNAL ASSISTANCE
EXTERNAL AUDIT
EXTERNAL AUDITS
EXTERNAL GRANTS
FINANCIAL ACCOUNTABILITY
FINANCIAL ACTIVITIES
FINANCIAL INSTITUTIONS
FINANCIAL MANAGEMENT INFORMATION
FINANCIAL MANAGEMENT INFORMATION SYSTEM
FINANCIAL PLANNING
FINANCIAL SECTOR
FINANCIAL SECTORS
FINANCIAL SUPPORT
FINANCIAL TERMS
FISCAL ADJUSTMENT
FISCAL DEFICIT
FISCAL FRAMEWORK
FISCAL POLICY
FISCAL SUSTAINABILITY
GENERAL BUDGET SUPPORT
GOVERNMENT BUDGET
GOVERNMENT REFORM
GOVERNMENT SPENDING
GROSS DOMESTIC PRODUCT
GROWTH RATE
HEALTH OUTCOMES
HEALTH SECTOR
HUMAN RESOURCE MANAGEMENT
IMPROVING BUDGET EXECUTION
INFLATION
INSTITUTIONAL DEVELOPMENT
INTERNAL AUDITS
INTERNATIONAL ACCOUNTING STANDARDS
INTERNATIONAL AUDITING STANDARDS
INVENTORY
INVESTMENT SPENDING
LEGISLATION
MACROECONOMIC FRAMEWORK
MACROECONOMIC MANAGEMENT
MACROECONOMIC STABILITY
MARKET ECONOMY
MEDIUM-TERM EXPENDITURE
MEDIUM-TERM EXPENDITURE FRAMEWORK
MID-TERM REVIEW
MINISTRIES OF FINANCE
MINISTRY OF FINANCE
MONITOR PERFORMANCE
NATIONAL BUDGET
NATIONAL DEVELOPMENT
NATIONAL DEVELOPMENT PLAN
NATURAL RESOURCES
OUTCOME INDICATORS
PERFORMANCE ASSESSMENT
PERFORMANCE CRITERIA
PERFORMANCE INDICATORS
PERFORMANCE REVIEW
POLICY FORMULATION
POVERTY IMPACT
POVERTY REDUCING
POVERTY REDUCTION
POVERTY REDUCTION STRATEGIES
POVERTY REDUCTION STRATEGY
POVERTY REDUCTION SUPPORT
POVERTY REDUCTION TARGETS
PRIVATE INVESTMENT
PRIVATE SECTOR
PRODUCTIVITY
PROGRAM BUDGETING
PROGRAM BUDGETS
PROGRAM PERFORMANCE
PROGRAMS
PUBLIC ADMINISTRATION
PUBLIC EXPENDITURE
PUBLIC EXPENDITURE MANAGEMENT
PUBLIC EXPENDITURE REVIEW
PUBLIC EXPENDITURE TRACKING
PUBLIC EXPENDITURES
PUBLIC FINANCE
PUBLIC FINANCIAL MANAGEMENT
PUBLIC FINANCIAL MANAGEMENT SYSTEM
PUBLIC FUNDS
PUBLIC GOODS
PUBLIC HEALTH
PUBLIC HEALTH CARE
PUBLIC INVESTMENT
PUBLIC PRIVATE PARTNERSHIPS
PUBLIC PROCUREMENT
PUBLIC SECTOR
PUBLIC SECTOR ACCOUNTABILITY
PUBLIC SECTOR ACCOUNTING
PUBLIC SECTOR MANAGEMENT
PUBLIC SECTOR REFORM
PUBLIC SERVICE
REFORM EFFORTS
REFORM PROGRAM
REFORM PROJECT
REFORM STRATEGY
RESOURCE AVAILABILITY
RESOURCE FLOWS
RESOURCE MANAGEMENT
REVENUE MOBILIZATION
ROAD NETWORK
SANITATION
SECTOR MINISTRIES
SECTOR POLICY
SERVICE DELIVERY
SERVICE PROVISION
SERVICE QUALITY
SOCIAL INDICATORS
STRATEGIC PRIORITIES
STRUCTURAL ADJUSTMENT
STRUCTURAL REFORM
STRUCTURAL REFORMS
TAX DISTORTIONS
TAX REFORM
TAX SYSTEM
TECHNICAL ASSISTANCE
TOTAL EXPENDITURES
TRANSACTION COSTS
TRANSPARENCY
TRANSPORT
TRUST FUNDS
Horton, Brendan
Poverty Reduction Support Credits : Mozambique Country Study
geographic_facet Africa
Mozambique
relation IEG Working Paper;2010/7
description Mozambique acquired independence from Portugal in 1975. The new government adopted a policy of radical social change, with a command and control approach to economic management and a vast nationalization program. By the mid-1980s, the country was bankrupt, and the government turned to the International Monetary Fund (IMF) and the World Bank to help transform it into a market economy. Since the early 1990s, Mozambique's Gross Domestic Product (GDP) growth rate has been above 7 percent in all but two years and has averaged 7.8 percent. Over the same period, inflation has trended broadly downwards from 63 percent in 1994 to 8 percent in 2007. On the savings and investment front, gross investment has averaged 26.4 percent, while domestic savings has been 8.2 percent, the difference being made up for with foreign savings. Fiscal policy has generally been well managed, with deficits financed by external assistance. The government managed to protect the 65 percent of primary expenditures going to priority sectors. Public investment declined as a percentage of GDP, as did private investment. Revenue collection improved. Exports grew from 10.2 percent of GDP in 1991 to 38 percent in 2006. Over this period, a flexible exchange rate policy has been followed. The national poverty rate was 69.4 percent in 1996-1997 and 54.1 percent in 2003. Mozambique obtained considerable fast disbursing assistance from the World Bank in the period 1984-2002.
format Working Paper
author Horton, Brendan
author_facet Horton, Brendan
author_sort Horton, Brendan
title Poverty Reduction Support Credits : Mozambique Country Study
title_short Poverty Reduction Support Credits : Mozambique Country Study
title_full Poverty Reduction Support Credits : Mozambique Country Study
title_fullStr Poverty Reduction Support Credits : Mozambique Country Study
title_full_unstemmed Poverty Reduction Support Credits : Mozambique Country Study
title_sort poverty reduction support credits : mozambique country study
publisher Washington, DC: World Bank
publishDate 2017
url http://documents.worldbank.org/curated/en/839251468057316561/Poverty-reduction-support-credits-Mozambique-country-study
http://hdl.handle.net/10986/27916
_version_ 1764465122966765568
spelling okr-10986-279162021-04-23T14:04:44Z Poverty Reduction Support Credits : Mozambique Country Study Horton, Brendan ACCESS TO SAFE WATER ACCOUNTABILITY ACCOUNTABILITY FRAMEWORK ACCOUNTING STANDARDS ADJUSTMENT LENDING ALLOCATION ALLOCATION OF RESOURCES ANNUAL BUDGET ANNUAL COMMITMENT ANNUAL PERFORMANCE ANNUAL REPORT ANNUAL REVIEWS ANNUAL TRANCHE ASSESSMENT OF PERFORMANCE AUDITING BALANCE OF PAYMENTS BANK PRIVATIZATION BANKING SECTOR BUDGET CLASSIFICATION BUDGET CLASSIFICATION SYSTEM BUDGET CYCLE BUDGET DATA BUDGET EXECUTION BUDGET FORMULATION BUDGET LAW BUDGET PLANNING BUDGET PREPARATION BUDGET PREPARATION CYCLE BUDGET PROPOSALS BUDGET REQUIREMENTS BUDGET SUPPORT OPERATIONS BUDGET YEAR BUDGETARY PROCESS CAPACITY BUILDING CASH MANAGEMENT CIVIL SERVANTS CIVIL SERVICE CIVIL SERVICE REFORM COMMERCIAL BANKS CONDITIONALITIES CONDITIONALITY CONSOLIDATION CONSTRAINTS TO GROWTH COST EFFECTIVENESS COUNTRY PROCUREMENT COUNTRY PROCUREMENT ASSESSMENT DEBT DEBT RELIEF DECENTRALIZATION DECENTRALIZATION STRATEGY DEFICITS DIAGNOSTIC WORK DOMESTIC INVESTMENT DOMESTIC SAVINGS DONOR COLLABORATION DONOR COORDINATION DONOR FINANCING ECONOMIC DOWNTURN ECONOMIC GROWTH ECONOMIC RECOVERY EMPLOYMENT EXCHANGE RATE EXPENDITURE EXPENDITURE GROWTH EXPENDITURE ISSUES EXPENDITURE LEVELS EXPENDITURE MANAGEMENT EXPENDITURE PROGRAMS EXPENDITURES EXTERNAL ASSISTANCE EXTERNAL AUDIT EXTERNAL AUDITS EXTERNAL GRANTS FINANCIAL ACCOUNTABILITY FINANCIAL ACTIVITIES FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT INFORMATION FINANCIAL MANAGEMENT INFORMATION SYSTEM FINANCIAL PLANNING FINANCIAL SECTOR FINANCIAL SECTORS FINANCIAL SUPPORT FINANCIAL TERMS FISCAL ADJUSTMENT FISCAL DEFICIT FISCAL FRAMEWORK FISCAL POLICY FISCAL SUSTAINABILITY GENERAL BUDGET SUPPORT GOVERNMENT BUDGET GOVERNMENT REFORM GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT GROWTH RATE HEALTH OUTCOMES HEALTH SECTOR HUMAN RESOURCE MANAGEMENT IMPROVING BUDGET EXECUTION INFLATION INSTITUTIONAL DEVELOPMENT INTERNAL AUDITS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL AUDITING STANDARDS INVENTORY INVESTMENT SPENDING LEGISLATION MACROECONOMIC FRAMEWORK MACROECONOMIC MANAGEMENT MACROECONOMIC STABILITY MARKET ECONOMY MEDIUM-TERM EXPENDITURE MEDIUM-TERM EXPENDITURE FRAMEWORK MID-TERM REVIEW MINISTRIES OF FINANCE MINISTRY OF FINANCE MONITOR PERFORMANCE NATIONAL BUDGET NATIONAL DEVELOPMENT NATIONAL DEVELOPMENT PLAN NATURAL RESOURCES OUTCOME INDICATORS PERFORMANCE ASSESSMENT PERFORMANCE CRITERIA PERFORMANCE INDICATORS PERFORMANCE REVIEW POLICY FORMULATION POVERTY IMPACT POVERTY REDUCING POVERTY REDUCTION POVERTY REDUCTION STRATEGIES POVERTY REDUCTION STRATEGY POVERTY REDUCTION SUPPORT POVERTY REDUCTION TARGETS PRIVATE INVESTMENT PRIVATE SECTOR PRODUCTIVITY PROGRAM BUDGETING PROGRAM BUDGETS PROGRAM PERFORMANCE PROGRAMS PUBLIC ADMINISTRATION PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURE TRACKING PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCIAL MANAGEMENT PUBLIC FINANCIAL MANAGEMENT SYSTEM PUBLIC FUNDS PUBLIC GOODS PUBLIC HEALTH PUBLIC HEALTH CARE PUBLIC INVESTMENT PUBLIC PRIVATE PARTNERSHIPS PUBLIC PROCUREMENT PUBLIC SECTOR PUBLIC SECTOR ACCOUNTABILITY PUBLIC SECTOR ACCOUNTING PUBLIC SECTOR MANAGEMENT PUBLIC SECTOR REFORM PUBLIC SERVICE REFORM EFFORTS REFORM PROGRAM REFORM PROJECT REFORM STRATEGY RESOURCE AVAILABILITY RESOURCE FLOWS RESOURCE MANAGEMENT REVENUE MOBILIZATION ROAD NETWORK SANITATION SECTOR MINISTRIES SECTOR POLICY SERVICE DELIVERY SERVICE PROVISION SERVICE QUALITY SOCIAL INDICATORS STRATEGIC PRIORITIES STRUCTURAL ADJUSTMENT STRUCTURAL REFORM STRUCTURAL REFORMS TAX DISTORTIONS TAX REFORM TAX SYSTEM TECHNICAL ASSISTANCE TOTAL EXPENDITURES TRANSACTION COSTS TRANSPARENCY TRANSPORT TRUST FUNDS Mozambique acquired independence from Portugal in 1975. The new government adopted a policy of radical social change, with a command and control approach to economic management and a vast nationalization program. By the mid-1980s, the country was bankrupt, and the government turned to the International Monetary Fund (IMF) and the World Bank to help transform it into a market economy. Since the early 1990s, Mozambique's Gross Domestic Product (GDP) growth rate has been above 7 percent in all but two years and has averaged 7.8 percent. Over the same period, inflation has trended broadly downwards from 63 percent in 1994 to 8 percent in 2007. On the savings and investment front, gross investment has averaged 26.4 percent, while domestic savings has been 8.2 percent, the difference being made up for with foreign savings. Fiscal policy has generally been well managed, with deficits financed by external assistance. The government managed to protect the 65 percent of primary expenditures going to priority sectors. Public investment declined as a percentage of GDP, as did private investment. Revenue collection improved. Exports grew from 10.2 percent of GDP in 1991 to 38 percent in 2006. Over this period, a flexible exchange rate policy has been followed. The national poverty rate was 69.4 percent in 1996-1997 and 54.1 percent in 2003. Mozambique obtained considerable fast disbursing assistance from the World Bank in the period 1984-2002. 2017-08-17T18:37:00Z 2017-08-17T18:37:00Z 2010-09 Working Paper http://documents.worldbank.org/curated/en/839251468057316561/Poverty-reduction-support-credits-Mozambique-country-study 978-1-60244-150-7 http://hdl.handle.net/10986/27916 English en_US IEG Working Paper;2010/7 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Working Paper Publications & Research Africa Mozambique